Financial Planner - Winfield

A lot of people wonder why anyone would pay dollars to a financial consultant when a whole lot free financial advice is available in books, on the Internet etc. The top reasons are accuracy, accountability and customization.

Why Free Financial Advice Can be Risky

Needless to say, countless financial facts are available on the internet along with other sources. But, the issue lies on accuracy. It is nearly impossible to determine what is correct and suitable to your individual needs and objectives. It is obvious that what's befitting for your good friend might not be best for you. If you make financial choices depending on free financial advice that is inappropriate to suit your needs and goals, it could be damaging to your financial well being.

The main problem with free financial advice is that they do not know anything about your individual finances, goals etc. They are unaware of your risk tolerance or time horizon. They offer one size fits all financial tips. One more big danger is the fact that these types of free financial tips are without recourse. If these kinds of free advices cause you to lose money, you haven't any recourse. It will always be more pricey than expert advice.

Exactly what is a Certified Financial Planner® and Why You Need a Financial Planner From GC Financial Advisors

The main advantage of hiring a certified planner is that they see your financial situations as a whole. He'll study each and every facet of your financial life. With a sound understanding of your risk appetite, your outstanding liabilities, your needs and requirements, he will develop financial suggestions which will care for each and every aspect in total. Therefore, a Certified Financial Planner® makes your financial life better.

A Certified Financial Planner® is a financial advisor who satisfies the requirements established by the CFB Board of Standards. Certified planners are trained to create extensive financial plans. They access your finances, troubleshoot troublesome areas and propose correct choices. They help you with a wide range of financial decision making. A Certified Financial Planner® should be expertise in a variety of investment practices, insurance, retirement accounts, taxes etc.

What to Look for When Selecting a Certified Financial Planner® From GC Financial Advisors Ltd. – Winfield

You should select a Certified Financial Planner® as you will be working very closely with your financial adviser from GC Financial Advisors for quite some time! Make sure to be aware what services will be provided, and what their responsibilities will be.

For more info, please don't hesitate to contact us at any time and we'll be happy to help you!